While the court named Rooplal and Damons as its provisional BRPs, creditors also needed to ratify their appointment. "The joint BRPs achieved the 51% majority vote to ratify their appointment at the meeting of creditors," the two practitioners said in a statement on Tuesday.
SAPO's creditors also approved a plan to extend the date for the publication of a business rescue plan to 30 November 2023. The BRPs have also asked that committees representing the interests of creditors and employees be set up.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: